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What incentive would I have to use a well branded debit card over a credit card that gives cash back?
by cbdumas 8y ago
What incentive would I have to use a well branded debit card over a credit card that gives cash back?
- hakfoo 8y agoI could see an effective marketing campaign making debit a social signal. Being able to make a large purchase on debit means you can afford it right now-- just as dropping a stack of $100 notes would signal. In contrast, paying with credit can be a pose-- you look like you can afford the $1000 purchase, but it hides the dark secret that you'll be paying for it well into the next decade.
- philip1209 8y agoI think it's also about control and understanding your spending.